Vera Bradley (VRA) Earning Somewhat Positive News Coverage, Analysis Finds

News headlines about Vera Bradley (NASDAQ:VRA) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Vera Bradley earned a news impact score of 0.10 on Accern’s scale. Accern also gave news headlines about the textile maker an impact score of 48.8158244565626 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Vera Bradley (VRA) opened at $12.35 on Friday. The company has a market cap of $436.08, a price-to-earnings ratio of 247.00, a price-to-earnings-growth ratio of 2.12 and a beta of 1.10. Vera Bradley has a one year low of $6.99 and a one year high of $12.83.

Vera Bradley (NASDAQ:VRA) last issued its earnings results on Wednesday, December 6th. The textile maker reported $0.23 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.09. The firm had revenue of $114.10 million during the quarter, compared to analyst estimates of $114.55 million. Vera Bradley had a net margin of 0.43% and a return on equity of 7.06%. The business’s revenue was down 9.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.20 earnings per share. analysts predict that Vera Bradley will post 0.58 EPS for the current fiscal year.

Several equities research analysts have recently issued reports on the stock. BidaskClub cut shares of Vera Bradley from a “sell” rating to a “strong sell” rating in a research report on Friday, October 27th. FBR & Co set a $12.00 price objective on shares of Vera Bradley and gave the company a “buy” rating in a research report on Monday, August 28th. Zacks Investment Research upgraded shares of Vera Bradley from a “hold” rating to a “buy” rating and set a $8.00 price objective on the stock in a research report on Wednesday, November 1st. Jefferies Group reiterated a “hold” rating and set a $11.00 price objective on shares of Vera Bradley in a research report on Thursday, October 12th. Finally, Robert W. Baird set a $11.00 price objective on shares of Vera Bradley and gave the company a “hold” rating in a research report on Thursday, December 7th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. Vera Bradley has a consensus rating of “Hold” and an average target price of $10.86.

In related news, EVP Kimberly F. Colby sold 170,000 shares of Vera Bradley stock in a transaction dated Thursday, September 28th. The stock was sold at an average price of $8.47, for a total value of $1,439,900.00. Following the completion of the sale, the executive vice president now directly owns 21,655 shares in the company, valued at $183,417.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 39.60% of the company’s stock.

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About Vera Bradley

Vera Bradley, Inc (Vera Bradley) is a designer of women’s handbags, accessories, luggage and travel items, eyewear, and stationery and gifts. The Company’s segments include Direct and Indirect. The Company offers various products, including bags, travel, home and accessories. Its accessories include fashion accessories, such as wallets, eyeglass cases, jewelry, and scarves and various technology accessories.

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